Smiths Group (Smiths Group) Liabilities-to-Assets : 0.48 (As of Jan. 2024)

Smiths Group Liabilities-to-Assets Chart

Smiths Group Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Liabilities-to-Assets		Get a 7-Day Free Trial					0.55	0.56	0.55	0.48	0.45

Smiths Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Liabilities-to-Assets	Get a 7-Day Free Trial															0.46	0.48	0.50	0.45	0.48

Competitive Comparison of Smiths Group's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Smiths Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Smiths Group's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Smiths Group's Liabilities-to-Assets falls into.

Smiths Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Smiths Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Smiths Group's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Smiths Group  (OTCPK:SMGZY) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Smiths Group Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Smiths Group's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Smiths Group (Smiths Group) Business Description